Peter Tuchman

to the federal government paying less interest on its debt and mortgage prices going down and so on. I think that's a dangerous game. And we saw the Trump administration blink when bond yields moved against them. So I think they're very, very sensitive to where interest rates are.

to the federal government paying less interest on its debt and mortgage prices going down and so on. I think that's a dangerous game. And we saw the Trump administration blink when bond yields moved against them. So I think they're very, very sensitive to where interest rates are.

Yeah, I mean, I think Ray is a historian, right? And if you look at all empires, they eventually collapse. But they don't need to collapse with total implosion. Like we, the United States, took over being the world superpower from the United Kingdom, but the United Kingdom's stock market has soared during that time period. It doesn't necessarily mean that everything implodes and is lit on fire.

Yeah, I mean, I think Ray is a historian, right? And if you look at all empires, they eventually collapse. But they don't need to collapse with total implosion. Like we, the United States, took over being the world superpower from the United Kingdom, but the United Kingdom's stock market has soared during that time period. It doesn't necessarily mean that everything implodes and is lit on fire.

And I think Ray... just to be frank, has had this message for a very, very, very, very long time, a very long time. And I think that it's reflected in the way that their funds have been positioned and have done. I don't share that sentiment. I think the United States has some things that are unique relative to previous superpowers.

And I think Ray... just to be frank, has had this message for a very, very, very, very long time, a very long time. And I think that it's reflected in the way that their funds have been positioned and have done. I don't share that sentiment. I think the United States has some things that are unique relative to previous superpowers.

We've got friendly neighbor to the north and the south, and we've got these huge oceans on both sides of us. There is no more secure country on earth Geographically, we've got the number one river tributary system in the world. We're drowning in natural riches, whether it's timber or oil or natural gas or water.

We've got friendly neighbor to the north and the south, and we've got these huge oceans on both sides of us. There is no more secure country on earth Geographically, we've got the number one river tributary system in the world. We're drowning in natural riches, whether it's timber or oil or natural gas or water.

The United States is one of only seven countries that's totally independent, could function without any other country if it needed to, and

The United States is one of only seven countries that's totally independent, could function without any other country if it needed to, and

nuclear powerhouse with the strongest military to ever exist in the history of the world and i think you put those things together i mean there's a there there's a lot of room for error in the united states it's very different than just a regular country like say greece or venezuela or zimbabwe where you have a currency crisis and everything falls apart that doesn't mean we're on the right track i agree with ray we're not on the right track at all i mean the national debt's out of control the interest we're paying on it is out of control

nuclear powerhouse with the strongest military to ever exist in the history of the world and i think you put those things together i mean there's a there there's a lot of room for error in the united states it's very different than just a regular country like say greece or venezuela or zimbabwe where you have a currency crisis and everything falls apart that doesn't mean we're on the right track i agree with ray we're not on the right track at all i mean the national debt's out of control the interest we're paying on it is out of control

This will create a crisis at some point, but I don't extend it to the collapse, the same degree of collapse that Ray Dalio does.

This will create a crisis at some point, but I don't extend it to the collapse, the same degree of collapse that Ray Dalio does.

I think this is, if you don't have one and you don't have a plan, you've been nervous, you don't know how to take advantage of the opportunity, you're not placing any tax trades, this is a time to explore.

I think this is, if you don't have one and you don't have a plan, you've been nervous, you don't know how to take advantage of the opportunity, you're not placing any tax trades, this is a time to explore.

If you're going to explore, make sure you find somebody who is a fiduciary 100% of the time, doesn't own any of their own investment products, is not licensed to sell a commissionable investment. Get somebody that has to be on your side of the table all the time and that also does planning. so that that portfolio can be part of your specific goals.

If you're going to explore, make sure you find somebody who is a fiduciary 100% of the time, doesn't own any of their own investment products, is not licensed to sell a commissionable investment. Get somebody that has to be on your side of the table all the time and that also does planning. so that that portfolio can be part of your specific goals.

Where you see people go off the rails is, Nicole, what you and I talked about earlier. They don't really have a plan. They've just bought investments. And so that can lead to poor decisions. If you have a plan and all the investments are pointed towards the short-term, intermediate-term, and long-term plan, obviously, you're more likely to hit your goals that way.

Where you see people go off the rails is, Nicole, what you and I talked about earlier. They don't really have a plan. They've just bought investments. And so that can lead to poor decisions. If you have a plan and all the investments are pointed towards the short-term, intermediate-term, and long-term plan, obviously, you're more likely to hit your goals that way.